Orange County currently sits in a neutral market, with conditions offering some balance between buyers and sellers. Months of supply is at 4.4, close to the level where neither side has a clear upper hand. Typical home values are up about 5% from last year, while the average sale-to-list ratio is just over 100%, showing prices are holding close to asking.
Inventory has expanded meaningfully over the past year, with active listings up about 19%, giving buyers more options than they had before. At the same time, new listings have climbed roughly 24% year over year, indicating more homeowners are willing to put properties on the market. Homes are spending a median of 37 days on the market, which is much longer than a year ago but down sharply from the prior month, suggesting activity has picked up as the summer season approaches.
Sales activity is also stronger than last year, with homes sold up about 11% and pending sales slightly higher year over year. Roughly 41% of recent sales closed above list price, even as that share has dipped compared with last year, so motivated buyers still need to move decisively on well-priced homes. With New York state overall seeing higher typical prices and slightly lower supply, Orange County offers a somewhat more balanced environment. Buyers and sellers who want to navigate these shifting dynamics can turn to Agent Pronto to connect with a local agent who understands this market.
